Rich People Are So Smart!

One of the great myths of life is that rich people know what they’re talking about. They don’t. Oh sure, they are or were once good at something, but that doesn’t mean they are good at anything else! Nope, they are just as likely to be jack-asses as the rest of us.

Warren Buffett, Bill Gates, George Soros, the list of fools goes on and on… Trust me on this one, the rich have no better idea than you about the best doctor to see, the best auto mechanic to use, the wisest financial advisor, hell, they probably can’t even hire a decent cleaning lady!

I thought of all this while listening the other morning to radio host John Gambling (710 on your AM dial) do his weekly interview with NYC Mayor Michael Bloomberg. The Mayor was pontificating on his all-time favorite subject, gun ownership by private citizens. His Honor, who is never, ever without armed body guards, nevertheless would prefer that you and I were not armed.

Never mind the United States Constitution and its second amendment. The Founding Fathers conceived of this crazy notion of armed citizens back in, what was it, 1787? whatever…times have changed! People don’t need their own gun, for God’s sake! Clearly, only the government should have guns.

Bloomberg and his opposition to citizen gun ownership brings to mind the amazing story of Sarah McKinley. Read this short piece from the New York Post by National Review editor Rich Lowry. It’s about a young woman whose husband had died a month earlier, alone in her little trailer with her infant son when the bad guys arrived, and what she did about it.

If Mayor Bloomberg had his way, this woman would be dead. Luckily, she had a gun, so she’s alive. Sorry Mike, Ms. McKinley is an American citizen and she has a right to own a gun. But you will never give up your

Mayor Mike Bloomberg: Great company at a cocktail party, but an idiot just the same.

effort to deny her that right, will you?

18 Dingletown: A useful indicator

Yep, there really is a street named “Dingletown” in Greenwich, Connecticut, and it’s damn nice, thank you so much!

Ok, so 18 Dingletown….

18 Dingletown has a deal. Yabba...dabbah...dooo! (to quote the great Fred Flintstone)

has gone to contract, good!  Asking price, eventually, was $1,895,000, bad! (The owners paid $2,400,000 in 2005).  So what will this formerly $2.4M house sell for this time?  We’ll soon see, and I will report it.

Ok, I’m back…

Every once in a while I have to drop the keyboard and actually sell real estate! Very busy out there, not just for me.

Ok, so where was I? Oh yes, my brother Chris. Chris Fountain has taken the liberty of introducing my newest listing at 10 Martin Dale. Great and swell, any publicity is good publicity (ha!) but perhaps I can do a better job describing it.

Martin Dale is one of those little streets you drive past a million times but never quite notice. This suits its residents just fine; they get to live really, really close to the center of town, but have an nearly traffic-free road to live on. If you have a cat or a kid, they will live past the age of 3, a comforting thought.

Number 10 Martin Dale is a true classic, a 1940′s gambrel-roof “cape-colonial” with a stone front that is actually made of stone. It has a slate roof, a brand-new circular driveway, and an absolutely HUGE yard. The lot is 1 1/2 times the size of the required minimum in the R-20 zone, so if you need it, you can build 7,086 square feet plus the lower level. The kitchen is new, the generator (whole-house, gas-fired) is new, and there is extensive new landscaping.

Best of all, you are a certified* one minute (you heard me correctly) from the entrance of Greenwich Academy and about 1 minute and 36 seconds from Brunswick School. Which means if you were any closer to Greenwich Avenue, you’d be woken at least once every year by that noisy St. Patrick’s Day parade!

*To make this time, you will be required to hit 78 MPH on that last stretch of North Maple. But just for 100 feet or so, Officer!

10 Martin Dale, a street people move to...and stay!

Are you sitting down?

Good, because I have shocking, shocking news….Have you braced yourself, Bridget? Ok, here it is: Oliver Stone’s son has converted to Islam!

I know, I know, it’s a stunning development. So let’s try to puzzle this out together, shall we?

Let’s start with some factoids about young (27 year-old) “Sean” Stone.

Sean Stone was

Raised by crazy leftist, Oliver Stone who taught him to: Hate America

Sent to private school where he was encouraged to: Hate America

Graduated from Princeton University, where he learned to: Hate America

Upon his arrival in Iran, meets with, then lends aid and comfort to, ruthless, radical-Islam-following Iranian leader Mahmoud Ahmadinejad who: Hates America

Wow! Now I get it!

Oliver Stone's son Sean Stone, newest convert to Islam!

The long, long road to a sale….

As I said, things’re selling.  I wouldn’t use the word “brisk”, certainly, but the market’s good and gittin’* better.  For instance today we’ve got 195 Cat Rock Road,  gone to contract after a mere 5 months.  Never mind that the present owners paid $4,175,000 back in 2005 but this time around brought it on for only $3,950,000, then had to reduce s’more, down to $3,695,000.  Fact is, they got’re sold, dude!  Ya-hooo!

Carol Clarke listed, Blanche O’Connell sold (link shows before/after listings)

And a couple of other contracts got reported today, among them, two long, long, rides:

144 Zaccheus Mead Lane, started in 2009 at $2,795,000, finally reduced all the way down to $1,925,000. Sandy Shaw, list.  Bill Andruss, sell.

71 Perkins Road, began its market odyssey in 2009, at $2,595,000 before coming to rest at $1,750,000. Linda Hodge, list.

*Every once in a while, I lapse into Cowboy-talk, pardner.

195 Cat Rock (at the Stanwich Rd end), asked $3.695M. got: ?